1665 Alum Rock Ave San Jose, CA 95116

This exceptional 20,716 square foot vacant lot in San Jose, CA presents a remarkable development opportunity. Located at 1665 Alum Rock Ave, 95116, this cleared site boasts approximately 90 feet of frontage on Alum Rock Avenue and benefits from its proximity to major transportation arteries, including US 101, Interstate 680, and the future 28th Street/Little Portugal BART station (0.6 miles). Convenient access to VTA bus routes (including BRT Route 522 and routes #22, #23, and #77) further enhances its appeal. The property is zoned as an Urban Village, falling within "Area B" of the Little Portugal Urban Village Plan, allowing for a diverse range of commercial uses such as retail, office, and medical facilities. Development guidelines specify a 70-foot height limit. Mixed-use projects must adhere to minimum density requirements (55 du/ac) and a maximum FAR of 10.0. Residential-only projects have a density range of 55 to 250 du/ac. Market-rate residential developments require a 0.35 FAR of commercial uses, while 100% affordable housing projects may be exempt. Density bonus projects (e.g., 15% affordable/85% market rate) could potentially reduce or eliminate the commercial requirement. The asking price for this strategically located property is $2,350,000. APN: 481-12-109.